Matt Karnes

946 posts

Matt Karnes

Matt Karnes

@mkarnes

Former sellside and buyside equity analyst . Founder GreenWave Advisors (2014). Institutional quality financial research, due diligence. Cannabis Industry.

New York, USA Katılım Nisan 2009
474 Takip Edilen451 Takipçiler
Matt Karnes
Matt Karnes@mkarnes·
@curatorWH Nice to see this -- my great Aunt Celia (Duberstein) was married to Philip Shorin. I am told my cousin had quite the baseball card collection!
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Reuven Goldstein
Reuven Goldstein@curatorWH·
Topps baseball cards were founded by the Jewish Shorin family, Abraham, Ira, Philip & Joseph. They were Russian immigrants who started Topps in 1938 in Brooklyn. Originally a gum company, they added baseball cards in the 1950s, creating an American icon.
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Matt Karnes
Matt Karnes@mkarnes·
@JesseBWatters Maybe the sheriff is involved in the kidnapping ? Why else would he block the FBI and fumble/ open the crime scene ? Seems suspicious ..
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Jesse Watters
Jesse Watters@JesseBWatters·
BREAKING: DNA and a GLOVE was FOUND INSIDE of NANCY GUTHRIE’S HOME 🚨 The FBI says the Pima County Sheriff is BLOCKING KEY EVIDENCE from INVESTIGATORS 💣
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Sean Hannity 🇺🇸
Sean Hannity 🇺🇸@seanhannity·
America honored Charlie Kirk this weekend. But the Left’s sick reactions continue, from vile cartoons to students mocking his death. @tedcruz even painted over anti-Kirk graffiti himself. Sen Cruz joins us TONIGHT on Hannity to explain.
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Matt Karnes
Matt Karnes@mkarnes·
@charliekirk11 If “everything already smells like weed” then what would change if rescheduled ? How can there be more than “everything “?
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Matt Karnes
Matt Karnes@mkarnes·
@GMnyMny Not paying 280E has nothing to do with the bottom line since it is still being accrued .. Cash of $400M offset by >$400M in unpaid taxes ..
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G Money
G Money@GMnyMny·
$tcnnf $msos Solid quarter by Trulieve. Held serve on the topline, maintained best in class margins. Has $400 million of cash on hand. But…still not profitable despite not paying 280e taxes.
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Harry DeMott
Harry DeMott@hdemott3·
@realspitfire Democrats hate Trump and anything he does. If a Trump deal sounds reasonable or not completely unhinged, then the Democrats must hate it. If America wins - it is irrelevant. The only thing that is important is that Trump loses.
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Spitfire
Spitfire@RealSpitfire·
Why are Democrats mad at the EU trade deal? Explain it to me like Im 5 yrs old.
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🎙 The Dime
🎙 The Dime@TheDime_8th·
Debt is coming due — and we’re approaching a point of no return. At this stage, it’s not if there will be fallout — it’s who survives it. The surface-level view of the cannabis industry hides deep financial issues that only become clear when you dig into the numbers.
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🎙 The Dime
🎙 The Dime@TheDime_8th·
🚨 New episode alert! 🚨 "The Cannabis Titanic: The Reset Ahead, @mkarnes, Founder of @GreenWaveMJ, on What the Numbers Say" is now live on YouTube. Dive into the data, the trends, and what’s coming next for the industry. Watch now: youtu.be/5Obyhn5hNMk
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YouTube
🎙 The Dime tweet media
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Matt Karnes retweetledi
🎙 The Dime
🎙 The Dime@TheDime_8th·
In this episode, Bryan Fields and Kellan Finney engage with @mkarnes, founder of @GreenWaveMJ, to explore the current state and future of the cannabis industry.
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Matt Karnes retweetledi
Sammy J
Sammy J@sammyj_19·
For those that are interested in sector trading mechanics, here's a thread with some examples from this morning of how $MSOS buy arb faces off with the ubiquitous short algo. In the end, we need incremental buyers via reform/custody fix/better fundamentals:
Sammy J@sammyj_19

@lancefinlinson @ChartGuys Just the land of programs for now. Arb buying off short algos (dark pools even more ridiculous). Stray retail print here & there but interest in the space still expressed thru $MSOS, as much as the naysayers gripe about it. Does reform change that if custody is actually fixed?

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Matt Karnes
Matt Karnes@mkarnes·
The GreenWave@GreenWaveMJ

The dichotomy between federal and state cannabis laws continues into what is now the 6th presidential administration, 3 Democratic (Clinton, Obama, Biden) and 3 Republican (Bush, 2x Trump). Its been over a decade now since Colorado introduced the nation’s first recreational use market. The economic benefits that have materialized from the progression of state-regulated markets can no longer be ignored. Importantly, the industry employs over 450K hardworking Americans, who deserve the same opportunities, rights, and protections as those in other industries. This can be achieved with common-sense reform supported by US Secretary of Labor Lori Chavez – DeRemer, (R-OR), who, as a Republican, is a proponent of The States 2.0 Act and SAFE Banking, while recognizing the importance of creating a safe and professional environment for the cannabis workforce. Public safety through common-sense reform resonates with voters. NOTE: @HHSGov has provided its recommendation to the @DEAHQ to reschedule from Schedule I to Schedule III and its confirmation is still pending. “The business of America is business” ~President Calvin Coolidge “States are the laboratories of democracy” ~SCOTUS Justice Louis Brandeis #AmericanCannabisFirst #RevolutionofCommonSense @howardlutnick @SecScottBessent @AlderLaneEggs @derekmaltz_sr @V_arrell @TheDalesReport @USCRorg @MangoneDavid @todd_harrison @weldon_angelos @rivers_kim @kylekazanceo @grahamfarrar @SenatorTimScott @berniemoreno @RepDaveJoyce @RepNancyMace @repdinatitus @RepJeffries @RepFrenchHill @ewarren @FinancialCmte @elonmusk

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Matt Karnes
Matt Karnes@mkarnes·
@MitchellOsak @TheDalesReport @JavierHasse you may be overthinking this - it’s a hypothetical comparison / estimate and it’s by no means precise — as we all know there are still so many unknowns - digging into this level of detail i.e. GMP cert etc seems a bit premature in the context of this analysis imho .
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Mitchell Osak
Mitchell Osak@MitchellOsak·
@mkarnes @TheDalesReport @JavierHasse These comparisons are interesting but facile in global cannabis. There is a big chasm between being able to export (2029 at earliest for US) and doing it. If MSOs don't have EUGMP cert. they won't get an EU customer. If they don't buy in, its a 24 mo process and big $
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Matt Karnes
Matt Karnes@mkarnes·
@MitchellOsak @TheDalesReport @JavierHasse That’s not the point here - the analysis provides a rough comparison to US exports of tobacco wine beer and pharma - assumes cannabis export % is less than pharma & more than beer wine tobacco . Not precise and profitability is irrelevant for this. x.com/greenwavemj/st…
The GreenWave@GreenWaveMJ

Several other countries are EXPORTING Federally legal medical #cannabis products to meet the growing global demand. Why not America? American exports of Beer, Wine, Tobacco and Pharma are illustrated in the following table. The American cannabis market could increase by $10B+, leading to even MORE AMERICAN JOBS and more American tax receipts, assuming just 10% of domestic sales are exported. #AmericanCannabisFirst #RevolutionofCommonSense #PromisesmadePromiseskept @SenatorLankford @SenatorRicketts @KevinSabet @elonmusk @DonaldJTrumpJr @SenatorTimScott @USHouseFSC @BessentSco42680 @NancyMace @realscottBesent @howardlutnick @KLoeffler @USCannabisCncl @atachorg @MangoneDavid @CannaRoundtable @donmurphy12a #MSOgang

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Mitchell Osak
Mitchell Osak@MitchellOsak·
@TheDalesReport @JavierHasse @mkarnes Losing out on potential revenue (its nowhere near $10B plus its profit that what counts) is quite a bit different from decisions that have led to many billions getting squandered over he past 8-10 years.
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Matt Karnes
Matt Karnes@mkarnes·
@WolfOfWeedST If Trump remained in office we’d be lookng at the same timeline — doesn’t matter
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Matt Karnes
Matt Karnes@mkarnes·
@JSchultz44 POS is an understatement ..may he burn in hell. Anti-Semitic scum
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Jeff Schultz
Jeff Schultz@JSchultz44·
This POS is getting paid by foreign interests to post this nonsense because his daddy cut off his allowance (i.e., Paul finally got caught running a fraud that funded all of Dan's illusory "lifestyle" through Ignite, which paid the rent on those LA and LV homes, the parties, and the cars and women etc). You and Sinwar can enjoy hell together with your scumbag father. Paul A. Bilzerian ran Ignite while owing U.S. $180 million, feds say - Los Angeles Times (latimes.com)
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Matt Karnes retweetledi
Business of Cannabis
Business of Cannabis@BofC_Global·
Speaker 🗣 Matt Karnes, founder of GreenWave Advisors LLC, brings 25+ years of finance experience, including equity research at First Union & SG Cowen, covering companies like Google & Sirius. @mkarnes @greenwavemj 🎫👉 tinyurl.com/337xypvd
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